Security Automation Firm Respond Raises $20 Million

Respond Software, a California-based
company that specializes in helping security teams become more
efficient through automation technology, on Tuesday announced
that it raised $20 million in a Series B funding
round.

The investment, which brings the total raised by
the company to $32 million, was led by ClearSky Security, with
participation from previous investors CRV and Foundation
Capital.

Respond plans on using the money to accelerate
go-to-market operations and expand its customer success
teams.

The company’s solutions are designed to address the
shortage of skilled security analysts by using what it calls
Robotic Decision Automation (RDA), which combines human expert
judgement with software to help organizations improve security
alert monitoring and triage capabilities at a reduced
cost.

“The lack of skilled security analysts, coupled
with the exponential growth of security-related data, has
enterprises in crisis mode and increasingly recognizing that
the status quo won’t cut it,” said Jay Leek, managing director
at ClearSky Security, who will join Respond’s board of
directors. “Respond Software’s RDA software for security
operations is the missing link in today’s automation portfolio,
as it performs like a virtual team of expert analysts ‘in a
box,’ allowing companies to immediately expand their security
operations cost-efficiently.”

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Eduard Kovacs () is a
contributing editor at SecurityWeek. He worked as a high
school IT teacher for two years before starting a career in
journalism as Softpedia’s security news reporter. Eduard
holds a bachelor’s degree in industrial informatics and a
master’s degree in computer techniques applied in electrical
engineering.

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